What Is the Average Home Price in Denver Colorado Right Now in September 2026

The median sale price for a single-family detached home in the Denver metro area is approximately $575,000 as of September 2026. When all residential property types are blended together, including condos and townhomes, the combined median lands closer to $510,000. These two figures are both technically correct, which is why you will sometimes see wildly different numbers quoted in headlines about the Denver market.

For additional context, the Denver Metro Association of Realtors and REcolorado track closed-sale data on a monthly basis. You can review the most current figures directly through REcolorado's market trends dashboard, which is updated with fresh MLS data each month and covers the full seven-county metro area.

Median vs. Average: Why Both Numbers Matter

The median price is the midpoint of all sales: half sold above it, half below. The average (mean) price gets pulled upward by luxury sales in Cherry Hills Village, Hilltop, and Washington Park, where homes regularly close above $1.5 million. Because of those outliers, the average sale price in Denver tends to run roughly $30,000 to $50,000 higher than the median. When you are budgeting, the median is the more useful number.

In September 2026 the average (mean) sale price for single-family homes in the Denver metro is estimated at approximately $620,000 to $640,000, reflecting the weight of high-end closings in the city's established neighborhoods. That figure does not represent what most buyers are paying; the median of around $575,000 is the more realistic benchmark for the bulk of transactions.

How Condos and Townhomes Change the Picture

Condos and attached townhomes represent a meaningful share of Denver's housing stock, particularly inside the I-25 loop. The median condo price in the Denver metro sits around $365,000 in September 2026, with units in the LoDo, RiNo, and Capitol Hill corridors ranging from roughly $280,000 for a one-bedroom up to $600,000 or more for a two-bedroom with parking in a newer building. Townhomes, which often occupy the middle ground between a condo and a detached house, have a median closer to $450,000.

HOA fees are an important cost factor for both condos and townhomes in Denver. Monthly fees in older mid-rise buildings near Cheesman Park or Capitol Hill often run $400 to $700, while newer construction in Sloan's Lake or Jefferson Park can push past $500 per month. Those fees affect your total monthly payment and should be factored into any price comparison between attached and detached properties.

2. How Denver Home Prices Vary by Area

Denver is not a single market; it is a collection of distinct neighborhoods and suburbs, each with its own price range and housing character. Understanding where prices land in different parts of the metro is essential before you set a budget or list a home.

Central Denver and the Inner Suburbs

Inside the city of Denver proper, single-family home prices vary enormously by neighborhood. In Washington Park, Hilltop, and Congress Park, the median sale price for a detached home runs between $850,000 and $1.2 million, reflecting the brick bungalows, Tudor revivals, and larger lot sizes that characterize those blocks. Berkeley and Sunnyside, located northwest of downtown near Tennyson Street, have medians closer to $650,000 to $750,000, with a mix of renovated craftsman cottages and newer infill construction.

Englewood and Sheridan, which border Denver to the south, offer detached homes with medians in the $480,000 to $550,000 range. Wheat Ridge, just west of Berkeley along 38th Avenue, sits in a similar band. These inner-ring suburbs tend to have older housing stock from the 1940s through the 1970s, with solid lot sizes and direct access to Denver's light rail and bus rapid transit network.

The Outer Ring: Aurora, Lakewood, and Thornton

Aurora, the state's third-largest city, stretches east of Denver and has a wide internal price range of its own. Western Aurora neighborhoods near the Anschutz Medical Campus and the University of Colorado Hospital have medians around $480,000 to $520,000. Farther east, in newer subdivisions near E-470, prices can dip to $430,000 to $470,000 for newer construction homes built after 2010.

Lakewood, on the western edge of the metro, benefits from proximity to Red Rocks Amphitheatre, Bear Creek Lake Park, and quick access to I-70 for mountain trips. Medians there run approximately $530,000 to $580,000 for detached homes. Thornton, north of Denver along I-25, has seen consistent new construction activity and carries a median closer to $490,000, with many homes built between 2005 and 2020 on quarter-acre lots.

Mountain Corridor Communities

Communities along the I-70 mountain corridor, including Evergreen, Morrison, and Conifer, attract buyers who want acreage and mountain terrain while remaining within commuting distance of Denver. Evergreen's median sits around $750,000 to $850,000, driven by larger lots, mountain views, and limited inventory. Morrison, closer to Red Rocks, has a smaller housing stock and medians that vary widely based on lot size and elevation. Drive times to downtown Denver from these communities range from 35 minutes in light traffic to over an hour during peak I-70 congestion.

3. What Is Driving Denver Home Prices Right Now

Denver's price levels in September 2026 are the result of several converging forces: inventory that remains below historical norms, mortgage rates that have moderated slightly from their 2023 peaks but are still meaningful, and a local economy anchored by aerospace, healthcare, and technology employers.

Inventory Levels This Fall

Active listings in the Denver metro are running at roughly 2.5 to 3 months of supply as of September 2026, which puts the market in balanced-to-slightly-seller-favorable territory. A balanced market is generally defined as four to six months of supply. Denver has not reached that threshold consistently since before 2020. The result is that well-priced homes in established neighborhoods still generate multiple offers within the first two weeks, while overpriced or condition-challenged listings are sitting longer than they did in 2021 and 2022.

The condo segment has more inventory relative to demand than the single-family segment. Some buildings in the downtown core and in the RiNo district have seen days-on-market stretch past 45 days, which is giving condo buyers more room to negotiate on price and seller concessions than detached-home buyers typically have.

Mortgage Rates and Buyer Demand

Mortgage rates in September 2026 are hovering in the mid-to-upper 6% range for a conventional 30-year fixed loan, depending on credit profile and loan size. That is meaningfully lower than the peak rates seen in late 2023, which has brought some buyers back to the market who had been waiting on the sidelines. The improvement in affordability is real but incremental: at a $575,000 purchase price with 10% down, a 6.5% rate produces a principal-and-interest payment of roughly $3,270 per month before taxes, insurance, and HOA.

New Construction Activity

Builders are active in the outer suburbs, particularly in Commerce City, Brighton, and the southeast Aurora corridor near Southlands. New construction single-family homes in those areas are priced from roughly $450,000 to $550,000 for a 1,800 to 2,400 square foot home, and builders have been offering mortgage rate buydowns and closing cost incentives to move inventory. That competition from new construction is one reason resale prices in the outer suburbs have stayed more restrained than in the inner city.

For a broader look at how these trends compare to prior years and what forecasters expect through the end of 2026, Norada Real Estate's analysis offers a detailed breakdown of Denver's price trajectory and demand drivers. You can read their Denver housing market forecast for 2026 for additional context on year-over-year price changes and regional comparisons.

4. What September 2026 Prices Mean for Buyers

Buyers entering the Denver market this fall are operating in a more measured environment than the frenzied pace of 2021, but it is not a buyer's market either. Understanding current prices by area and property type will help you write competitive offers without overpaying.

Negotiating in Today's Market

Homes priced accurately and in good condition are still selling at or very near list price in most Denver neighborhoods. The leverage buyers have gained is primarily in the form of inspection contingencies and seller concessions toward closing costs, not in price reductions below market value. In the condo segment and in outer-ring suburbs with more inventory, buyers are successfully negotiating 1% to 2% below list on homes that have been sitting for three weeks or more.

If you are relocating to Denver from another state, it is worth noting that Colorado's closing costs tend to run 1% to 2% of the purchase price, with title insurance, recording fees, and any HOA transfer fees as the main line items. On a $575,000 purchase, budget roughly $6,000 to $12,000 for closing costs on top of your down payment.

What Your Budget Gets You in Denver Right Now

At $400,000 to $450,000, buyers are primarily looking at condos in the metro core, townhomes in Englewood or Wheat Ridge, or older detached homes in Thornton and Brighton that may need cosmetic updates. At $500,000 to $600,000, the options expand to include detached homes in Lakewood, Aurora, and Arvada, as well as smaller bungalows in Denver's northwest neighborhoods. Above $700,000, buyers can access larger homes in established Denver neighborhoods like Hilltop, Wash Park, and Observatory Park, or newer construction in Highlands Ranch and Parker.

If you want a deeper look at what is currently available across these price points, the guide on homes for sale in Denver walks through the buying process and what to expect from today's inventory in detail.

5. What September 2026 Prices Mean for Sellers

Sellers in Denver this fall are in a stronger position than they were a year ago, but the market rewards accuracy. Homes that come to market priced in line with recent comparable sales are moving. Homes that are priced based on 2022 peak values or on wishful thinking are accumulating days on market and requiring price reductions.

Pricing Strategy in a Balanced Market

The most effective pricing strategy right now is to come in at or just slightly below the most recent comparable sales in your immediate neighborhood. This creates competition among buyers and can produce multiple offers, which gives you leverage on terms like contingencies and closing timelines. Pricing above comps in hopes of negotiating down tends to result in fewer showings in the first two weeks, which is the period when a new listing generates the most buyer interest.

Condition matters more in September 2026 than it did in 2021. Buyers have more options and are less willing to waive inspection contingencies on homes with deferred maintenance. Sellers who invest in pre-listing repairs, fresh paint, and professional photography are consistently seeing stronger results than those who list as-is at a price that does not reflect the condition discount.

How Long Are Homes Sitting on the Market

The median days on market for single-family homes in the Denver metro is approximately 18 to 22 days as of September 2026. That is longer than the five to ten days seen at the height of the 2021 and 2022 frenzy, but still well below the 45 to 60 day norms common before the pandemic. Condos are taking longer, with a median closer to 30 to 35 days metro-wide, and some downtown units sitting past 60 days.

Fall is historically a solid selling window in Denver. September and October bring motivated buyers who want to be settled before the holidays and before winter weather makes moving more difficult. The mountain backdrop, the return of clear blue-sky days after summer monsoon season, and the timing relative to school schedules all contribute to steady buyer activity through mid-November.